Marshall Financial Group LLC Grows Stock Holdings in Tesla, Inc. $TSLA

Marshall Financial Group LLC lifted its position in Tesla, Inc. (NASDAQ:TSLA) by 65.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,794 shares of the electric vehicle producer’s stock after buying an additional 1,494 shares during the period. Marshall Financial Group LLC’s holdings in Tesla were worth $1,596,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TSLA. SilverOak Wealth Management LLC grew its holdings in Tesla by 2.3% in the fourth quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer’s stock worth $502,000 after purchasing an additional 25 shares during the last quarter. Boston Trust Walden Corp lifted its holdings in shares of Tesla by 0.7% during the 4th quarter. Boston Trust Walden Corp now owns 3,385 shares of the electric vehicle producer’s stock valued at $1,522,000 after purchasing an additional 25 shares during the last quarter. Cape ANN Savings Bank boosted its position in shares of Tesla by 2.6% in the 4th quarter. Cape ANN Savings Bank now owns 974 shares of the electric vehicle producer’s stock worth $438,000 after purchasing an additional 25 shares in the last quarter. Marks Group Wealth Management Inc boosted its position in shares of Tesla by 1.7% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock worth $680,000 after purchasing an additional 25 shares in the last quarter. Finally, Clear Trail Advisors LLC grew its stake in Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after buying an additional 25 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Tesla Stock Performance

TSLA opened at $351.12 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The firm has a 50 day moving average of $367.57 and a two-hundred day moving average of $388.09. The firm has a market capitalization of $1.39 trillion, a PE ratio of 325.11, a P/E/G ratio of 17.01 and a beta of 1.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. During the same period last year, the company earned $0.33 earnings per share. The firm’s revenue was up 25.5% on a year-over-year basis. On average, analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. DZ Bank upgraded shares of Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Jefferies Financial Group set a $400.00 price objective on shares of Tesla and gave the company a “hold” rating in a research report on Monday, July 13th. Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. Finally, William Blair restated a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $401.74.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Cybercab launch expectations boosted sentiment. Tesla’s teaser for a possible Cybercab event and reports of employee rides followed by a limited public rollout in Austin renewed investor interest in the company’s autonomous-driving strategy. Tesla Stock Jumps as Cybercab Launch Puts Robotaxi Plans in Focus
• Positive Sentiment: A 500-truck Tesla Semi deployment offers commercial validation. Einride plans to deploy 500 Tesla Semis across North America over two years, potentially providing a meaningful order and demonstrating whether Tesla can scale production of its long-delayed heavy-duty truck. Einride to deploy 500 Tesla electric trucks for North American fleet
• Positive Sentiment: The Model Y L could broaden Tesla’s customer base. The six-seat model is designed to address demand from larger, family-focused EV buyers and fill a gap in Tesla’s lineup, although its effect on sales growth is unproven. Tesla’s Model Y L Is Coming to America
• Positive Sentiment: Enterprise robotics interest is expanding. Virtuix said it sold an Omni One Enterprise system to Tesla’s Optimus division for humanoid-robot teleoperation, providing another indication of Tesla’s investment in robotics applications. Virtuix Reports Growth and Tesla Robotics Win

Tesla Profile

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.